53 Paul St APT 11NewtonMA02459
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Newton at 53 Paul St APT 11, Newton, MA, 02459 generates $3,278/mo in rent, after a $2,550/mo payment. Total monthly income is $3,278/mo. Return on cash invested sits at 16.37% in year one, and rental yield is 7.55% on a $521,000 entry. Equity gained on principal adds $3,362/yr, while 5% annual appreciation builds toward $143,943 over five years. Five-year ROI reaches 85.3% and total cumulative return in cash sums $146,209. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,278/mo property income rather than buyer’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
$522 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02459, Newton Center, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,329 (100%) |
| Owner Occupied HU | 5,690 (77.6%) |
| Renter Occupied HU | 1,239 (16.9%) |
| Vacant Housing Units | 400 ( 5.5%) |
| Median Home Value | $1,446,253 |
| Average Home Value | $1,497,728 |
Housing Distribution
Address Breakdown
Residential
6,744
Single Family
5,992
Multi-Family
752
Businesses
797
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Listed by: Alpha Group • Compass
Mls Name: MLS PIN
Mls ID: #73397811
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